Rubrik (NYSE:RBRK) Given New $87.00 Price Target at BMO Capital Markets

Rubrik (NYSE:RBRK) had its price target lifted by stock analysts at BMO Capital Markets from $73.00 to $87.00 in a note issued to investors on Friday, MarketBeat Ratings reports. The firm currently has an “outperform” rating on the stock. BMO Capital Markets’ price target suggests a potential upside of 12.95% from the company’s current price.

Several other analysts also recently commented on the stock. UBS Group reiterated a “buy” rating on shares of Rubrik in a report on Monday. DA Davidson increased their target price on shares of Rubrik from $70.00 to $90.00 and gave the company a “buy” rating in a report on Friday. Truist Financial set a $90.00 target price on shares of Rubrik in a report on Friday. Barclays restated an “overweight” rating on shares of Rubrik in a research report on Friday. Finally, Piper Sandler restated an “overweight” rating on shares of Rubrik in a research report on Friday. Twenty-eight investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Rubrik currently has an average rating of “Moderate Buy” and a consensus target price of $92.16.

Rubrik Price Performance

Shares of RBRK stock opened at $77.02 on Friday. The firm has a 50-day moving average of $58.27 and a 200-day moving average of $62.54. The company has a market cap of $15.58 billion, a P/E ratio of -43.52 and a beta of 1.10. Rubrik has a one year low of $42.25 and a one year high of $103.00.

Rubrik (NYSE:RBRK) last announced its earnings results on Thursday, June 4th. The company reported $0.16 EPS for the quarter, beating the consensus estimate of ($0.03) by $0.19. The firm had revenue of $387.07 million during the quarter, compared to analysts’ expectations of $366.28 million. The business’s revenue for the quarter was up 39.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.15) EPS. Rubrik has set its FY 2027 guidance at 0.250-0.350 EPS and its Q2 2027 guidance at 0.030-0.050 EPS. As a group, research analysts expect that Rubrik will post -1.45 earnings per share for the current fiscal year.

Insider Activity at Rubrik

In related news, Director John Wendell Thompson sold 11,000 shares of the stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $84.55, for a total transaction of $930,050.00. Following the completion of the transaction, the director owned 4,653 shares in the company, valued at approximately $393,411.15. This represents a 70.27% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Mark D. Mclaughlin purchased 10,638 shares of Rubrik stock in a transaction that occurred on Monday, March 30th. The shares were bought at an average price of $47.21 per share, with a total value of $502,219.98. Following the transaction, the director owned 13,639 shares of the company’s stock, valued at $643,897.19. This trade represents a 354.48% increase in their position. The SEC filing for this purchase provides additional information. Insiders have sold 398,939 shares of company stock valued at $27,628,167 in the last 90 days. 13.66% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Rubrik

A number of institutional investors and hedge funds have recently added to or reduced their stakes in RBRK. Norges Bank bought a new position in Rubrik during the fourth quarter worth about $345,907,000. First Trust Advisors LP boosted its position in Rubrik by 42.8% during the fourth quarter. First Trust Advisors LP now owns 7,064,057 shares of the company’s stock worth $540,259,000 after purchasing an additional 2,116,272 shares during the period. Pictet Asset Management Holding SA boosted its position in Rubrik by 104.1% during the first quarter. Pictet Asset Management Holding SA now owns 3,325,503 shares of the company’s stock worth $162,572,000 after purchasing an additional 1,696,342 shares during the period. Vanguard Group Inc. boosted its position in Rubrik by 12.9% during the fourth quarter. Vanguard Group Inc. now owns 14,694,503 shares of the company’s stock worth $1,123,836,000 after purchasing an additional 1,678,255 shares during the period. Finally, AQR Capital Management LLC bought a new position in Rubrik during the third quarter worth about $97,828,000. Institutional investors own 49.54% of the company’s stock.

More Rubrik News

Here are the key news stories impacting Rubrik this week:

• Positive Sentiment: Rubrik reported first-quarter fiscal 2027 earnings of $0.16 per share on revenue of $387.1 million, both above estimates, with revenue up 39% year over year. The beat reinforces the company’s growth momentum in cybersecurity and AI-driven data resilience. Rubrik Reports First Quarter Fiscal Year 2027 Financial Results
• Positive Sentiment: Management also raised guidance for both Q2 and full-year FY2027, with EPS and revenue outlooks coming in ahead of Wall Street expectations, signaling confidence in continued demand. Rubrik guidance update
• Positive Sentiment: Rubrik’s early access to Anthropic’s Mythos Research Preview could strengthen its AI-enabled cyber resilience platform and support the long-term growth story. Rubrik gets early access to Anthropic Mythos Research Preview
• Neutral Sentiment: Rubrik has also drawn attention from investors after a strong May rally and ongoing optimism around cybersecurity and AI partnerships, keeping sentiment constructive overall. A Look At Rubrik (RBRK) Valuation As AI And Cybersecurity Partnerships Draw Market Attention
• Negative Sentiment: Multiple insiders sold shares, including CTO Arvind Nithrakashyap’s large June 1 sale and additional sales by directors John Wendell Thompson and Yvonne Wassenaar, which can weigh on short-term sentiment after a sharp stock run. SEC filing for Arvind Nithrakashyap sale

About Rubrik

Rubrik, Inc is a cloud data management and security company that delivers a unified platform for data protection, disaster recovery, compliance and intelligent data governance. Its flagship offering, the Rubrik Security Cloud, enables organizations to automate backup and recovery workflows across on-premises, edge and multi-cloud environments. By combining policy-driven orchestration with real-time threat detection, Rubrik helps clients guard against ransomware, ensure business continuity and enforce data retention requirements.

The company’s platform supports a range of services including backup and restore, long-term data archiving, replication, and disaster recovery as a service (DRaaS).